Basis Prices
Jon Scheve discusses if there is too much corn supply. Plus how to be more profitable understanding market spreads.
Jon Scheve discusses last week’s USDA report and how corn carryout and demand could be an issue. Plus, he explains his corn basis strategy for last year’s crop.
Jon Scheve discusses how recent weather forecast changes impact corn prices. Plus, Jon’s final bean basis value for 2022.
Cash Basis Levels for Corn and Beans at 20-Year Highs: What Is Driving It and How Long Will It Last?
Cash basis levels for corn and soybeans at 20-year highs as a result of transportation issues tied to winter storm Elliott, but it’s also due to tight supplies.
Corn futures continue to trend sideways, as the market waits for the August 12th USDA yield estimate.
The basis market is imploding and why farmers should have gotten rid of their physical grain before July.
This article discusses my 2021 corn crop positions.
This article discusses how I shifted sales from two crop years for a net gain of 90 cents.
This article discusses recent trades I did in setting my basis price during an inverse market.
Have you called your grain buyers lately? If you haven’t, now is the time. Basis levels are high in many parts of farm country.